Forget Dogecoin – a new meme coin has joined the market and is quickly becoming a hot topic. PlayDoge (PLAY) has raised over $2.5 million in just the first 10 days of its presale. With analysts now betting this “Tamagotchi x Doge” hybrid could be a potential breakout hit, let’s take a closer look at […] Source CryptoX Portal
CMA Fest, the Country Music Association’s (CMA) lucrative annual takeover of downtown Nashville — which produced $75 million in revenue in 2023 — kicks off on Thursday with special events including a live interview with Dolly Parton followed by a program billed as “Enlisted: Where Music Meets Military with Craig Morgan and Gary Sinise.” Morgan, a country singer and U.S. Army veteran, has long made his service a prominent aspect of his public personae, while Sinise has built a reputation in acting and music as a vocal supporter of U.S.…
Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics have not been determined. This statement was made to clarify earlier reports by […] Source CryptoX Portal
The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets with each USDL backed 1:1 in U.S. dollar value. New ‘Lift Dollar’ Stablecoin Offers Daily Returns on […] Source CryptoX Portal
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A Nigerian payments company recently announced the launch of a blockchain-powered point-of-sale payment gateway. This gateway facilitates transaction routing to issuers and aims to prevent chargebacks or chargeback fraud by promptly reimbursing customers for unsuccessful transactions. Eliminating Chargeback Fraud The Nigerian payment infrastructure company, Zone, recently announced the launch of a blockchain-powered point-of-sale (PoS) payment […] Source CryptoX Portal
Around 55% of American family offices plan to increase their cryptocurrency investments or have had limited exposure to crypto, according to a BNY Mellon study. More than 30% of family offices in the U.S. are actively investing in crypto and even may increase their holdings, a recent report by BNY Mellon reveals, highlighting growing interest in digital assets among wealthy families. The report comes as the U.S. Securities and Exchange Commission (SEC) approved the first spot Bitcoin exchange-traded funds (ETFs) earlier in January, integrating crypto into the mainstream investing environment.…
The Cardano Foundation has announced an interesting new public partnership in Argentina. The collaboration, which follows a public signing between Rogelio Frigerio, the Governor of Entre Ríos, and Rafael Fraga, the LATAM Lead for Business Development at the Cardano Foundation, is with the state of Entre Ríos, a central province of Argentina. The partnership aims […] Source CryptoX Portal
The global head of banking and payments at Kraken Kaushik Sthankiya and the president of the CoinW exchange Sonia Shaw discuss the state of cryptocurrency exchanges at the Money20/20 event in Amsterdam. The FTX collapse in 2022 brought bearish sentiment to the crypto ecosystem and many traders and investors wondered if they could trust crypto exchanges. Shaw says that the industry is still recovering from the FTX collapse while trying to rebuild consumer confidence with regulatory support. “Everything is definitely coming back, but we haven’t really got back to the…
A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government of wrongfully detaining Tigran Gambaryan. The lawmakers have asked the Biden Administration to transfer Gambaryan’s case to the Office of Special Presidential Envoy for Hostage of Affairs. Nigeria Using Gambaryan’s Detention to ‘Extort His Employer’ […] Source CryptoX Portal